A Precautionary Tale of Uncertain Tail Fattening
收藏NBER2012-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18144
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资源简介：
Suppose that there is a probability density function for how bad things might get, but that the overall rate at which this probability density function slims down to approach zero in the tail is uncertain. The paper shows how a basic precautionary principle of tail fattening could then apply. The
提供机构：
美国国家经济研究局
创建时间：
2012-06-01
